Galiano Gold Inc T.GAU

Alternate Symbol(s): GAU

Metals & Mining Gold

Galiano Gold Inc. is a Canada-based company, which operates and manages the Asanko Gold Mine, which is located in Ghana, West Africa, and jointly owned with Gold Fields Ltd. The Asanko Gold Mine is a multi-deposit complex, with four main open-pit mining areas: Abore, Miradani North, Nkran and Esaase, and multiple satellite deposits, situated on the Asankrangwa Gold Belt, and a five metric tons per annum (Mtpa) carbon-in-leach processing plant. The Asanko Gold Mine holds the land package within the belt, with approximately 21,000 hectares of tenure on this prospective and under-explored portion of central Ghana. The Nkran deposit is located within the Kumasi Basin on the Asankrangwa gold belt. The Nkran deposit is located on a jog along the regional Nkran Shear, which is a zone of about 15 kilometers in width. The Asankrangwa gold belt is located within the Kumasi basin. Its subsidiaries are Galiano Gold South Africa (PTY) Ltd and Galiano International (Isle of Man) Limited and others.

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Galiano Gold Inc

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Comment by gold_diggers1on Jun 01, 2017 9:42am

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Post# 26310380

RE:RE:RE:RE:Muddy Waters Research is Short Asanko Gold Inc.

LucasKnight wrote: Wait for a few factors to change to reduce the risk/reward aversion.

1. Monitor the moving averages on the technicals. [i.e. 6 month MA, 1 year MA]
2. Look for a crossover [i.e. 50 day crossing over 200 day]
3. Sentiment change [i.e. Negative - Neutral]
4. News articles changing their analysis and focusing on the ability of AKG to pay their debt loads.

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We are a long way from the above. But, in my opinion,i will be monitoring these indicators for a possible position. However, my main DD will be on the ability of the management to pay their coming debt interests and any capital raisings.